Announced
Financials
Tags
Minority
Friendly
Private
Single Bidder
Pending
Data Centers and Hosting
data analytics
India
Domestic
Acquisition
Private Equity
Synopsis
TPG Capital Asia agreed to invest $360m in Apax-backed Fractal, a global provider of artificial intelligence and advanced analytics solutions. The transaction is expected to close by the first quarter of 2022. "Apax has been a great partner to us as we have worked to grow our business, providing valuable insights from their tech experience, operational leadership, and access to their unique network. As we continue to build upon this foundation, the investment from TPG will accelerate our ability to scale and meet this rising demand globally," Pranay Agrawal, Fractal Co-Founder & CEO.
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